424 W Golden Ave #BCripple CreekCO80813
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Cripple Creek at 424 W Golden Ave #B, Cripple Creek, CO, 80813 priced at $330,000 pairs $2,269/mo rent with $346/mo cash flow after a $1,615/mo payment. Total monthly income equals $2,269/mo, and annual cash flow comes to $4,152/yr on $109,395 invested. Return on cash invested is 23.7% in year one, and rental yield stands at 8.25% on a $330,000 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,173 by year five. Five-year ROI measures 122.71% and total cumulative return in cash reaches $134,243. For financing, Ziffy Mortgage’s DSCR program evaluates $2,269/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2016
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80813, Cripple Creek, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 562 (46.4%) |
| Renter Occupied HU | 275 (22.7%) |
| Vacant Housing Units | 375 (30.9%) |
| Median Home Value | $410,000 |
| Average Home Value | $435,556 |
Housing Distribution
Address Breakdown
Residential
293
Single Family
293
Multi-Family
0
Businesses
91
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Listed by: Coleen Hellen CRS GRI MRP • The Compass Team REAL ESTATE GROUP LLC
Mls Name: Pikes Peak MLS
Mls ID: #1552241